CMGI Solutions Leads SMEloan.com To Win Hong Kong eAward; SMEloan.com Awarded the Platinum Award of eFinance.Business/Technology Editors ANDOVER Andover (ăn`dōvər), town (1990 pop. 29,151), Essex co., NE Mass.; inc. 1646. Chiefly a textile producer in the 19th cent., Andover now makes toiletries, electronic and computer equipment, chemicals, medical instruments, rubber products, , Mass.--(BUSINESS WIRE)--May 18, 2000 CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) Solutions, an e-Business solutions provider and majority-owned operating company operating company A business that engages in transactions with outsiders. of CMGI, Inc., announced today that the SMEloan.com Web site, developed by CMGI Solutions, received a Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. eAward - the Platinum Award of eFinance. The contest, jointly organized by the Hong Kong Productivity Council and the Information Technology and Broadcasting Bureau of the Hong Kong Special Administrative Region A special administrative region may be:
By leveraging the power of the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , SMEloan.com is able to serve the financing needs of small- and medium-sized enterprises (SME's) and to manage the associated credit risks effectively and efficiently. It selected Hong Kong as the launch site for promotion because it found that SME's in the region had historically experienced difficulty in obtaining loans from financial institutions. "We are pleased to share the accomplishment of winning the Hong Kong eAward with CMGI Solutions," said Ming Siu, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , SMEloan.com. "With the help of a talented CMGI Solutions developer team, SME's can now get loan approvals in minutes while allowing us to manage credit risks of our loans to SME's effectively and efficiently. The development team worked closely with us to provide a robust and attractive Web site." "CMGI Solutions takes great pride in seeing our clients excel in their e-business endeavors," said Jack Hughes, acting president and CEO, CMGI Solutions. "SMEloan.com's receipt of the Hong Kong eAward is a testament to the quality of our developers' work and our dedication to using state-of-the-art technology to create efficient, secure systems around the world." About CMGI Solutions CMGI Solutions was created by applying CMGI's deep industry expertise in creating and operating innovative Internet companies. With expertise going back to 1985, CMGI Solutions combines the best talent with the best technologies to provide critical, complex solutions to satisfy client e-business demands. The company focuses on mission-critical, business-critical systems that require advanced technologies in order to take full advantage of e-business opportunities. CMGI Solutions is headquartered in Andover, Massachusetts Massachusetts (măsəch  `sĭts), most populous of the New England states of the NE United States. . CMGI Solutions is a majority-owned operating company of CMGI, Inc. About SMEloan.com SMEloan.com was created in March this year. It pioneers the use of Internet to provide loans to Small and Medium Enterprises (SME's) as well as to manage credit risks of such loans efficiently and effectively. SMEloan.com is jointly owned by Whitney & Co. of the U.S and the management team that possess years of experience in the finance industry. It was first introduced in Hong Kong and will be expanded into other countries in Asia. |
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